Starting to really have fun this year

Posted by Scott on August 4th, 2010 at 9:45 am.

Starting to really have fun this year, doing tests, trials and punts and really enjoying dabbling in all sorts.

Pretty much all the proceeds from the sale of tvs.co.uk have been re-invested in my businesses. Looking up travel names using the Google keyword tool for inspiration ‘turkey holidays’ stood out as a good name, this seems to be compounded by recent news that UK folks are seeking different destinations like Turkey & Egypt instead of the normal Spanish breaks. turkeyholidays.co.uk was owned by a couple but the email on their one page website bounced, I love it when that happens! seriously I do, it’s like a challenge and while I have no skills when it comes to design or coding the one thing I am good at is research and I am persistent.

Snail mail failed, email failed, the same address was used by a glass company who’s email failed, I did manage to find a planning application by the couple in Nov ‘09 which used a different home address so used it and was successful in getting an email back from them, managed to buy the domain for £3k. It also came with the old hosting account and email account which had 5 attempts to buy it from the different people before the old email address filled up and started bouncing. The perseverance paid off in the end.

Picked up Yacht.co.uk for £1750 which would strike me as being worth 10x that, nice name.

Bought a few websites, some on a multiple like Optillusions.com which is an older site showing optical illusions – bought for £12k, it earned £740 in July, this one freaked out my son (and me) a bit :)

Also bought a small site which ranks no.1 in Google for tropical fish, the tropical fish centre was an older lead, it can often pay to leave money on the table. I offered the previous owner £1500 a couple of years ago and moved up to £3500 but the actual amount didn’t seem to be the stumbling point, more the fact it was a decade’s work and sentimental value so I left the offer on the table and a year or so later he finally came back to me and was ready to sell for £4000. Seemed like an ok sort of number, not overly a bargain but I was sure I could get my money back within 2 to 3 years so bought it blind as there was no income. It’s earning around £7 per day so looks like under 2 years it’ll be paid back and is making amazon sales which could help further.

LifeInsuranceQuotes.co.uk is in development along with quite a few other insurance names in a joint venture, it was sitting on page 2 and not in use as the company primarily worked offline, a real bargain waiting to be picked up.

There are a lot of other things I am doing which I can’t go into unfortunately but just from the above over the last month or so it’s clear there are still a lot of bargains & good deals for domain names and established websites, although it should be noted none of the above were listed for sale anywhere so you really have to do the research and send emails & letters which can be boring but the pay off is fun!

Bye bye TVs

Posted by Scott on June 16th, 2010 at 12:29 pm.

It’s been an interesting year so far for me, not overly eventful before last week, but nice growth income wise and some new sites and names purchased along the way. A geography site for $10k is another seasonal site that does poorly during the summer hols but good addition overall with healthy stats.

My strategy hasn’t really changed much along the way, buy some good names, lease some, develop some, keep some and buy older established and neglected websites. A month ago I had a phone call from Sedo to discuss putting the domain TVs.co.uk into their retail auction. Some of you will remember I bought TVs.co.uk for £1000 back in Dec ‘07.

I had some fun with the name and had it at no.2 in Google for a while and then managed to get the name banned altogether for a bit which was careless due to not double checking everything that was going on, quite funny now thinking back but a little unsettling when one of your best domains get banned, then got it back in and into the top 10-20 in Google again, made a few TV sales but it’s never really been developed properly, short attention span, impatience and lack of skills to blame really.

Later on Sedo themselves valued the name at around £22,000 so when they spoke on the phone they wanted the name entered in the retail auction with a £25k reserve which I declined, a little later I was advised they would accept TVs & PCs at a £49k reserve each so I decided no harm and to my surprise TVs.co.uk sold last Thursday for £51,000 – the domain has been paid for and transferred so job done and a nice pot to re-invest in earning sites.

Apart from that I picked up QuadBikes.co.uk domain for £2500 after months of negotiation, oh and GadgetInsurance.com was listed for sale for just a couple of hundred dollars when I typed it into my browser so after getting re-assurance I wasn’t going mad that was snapped up and is in development with a friend.

I’m still working on a few things which are going incredibly slowly but would make great posts if/when they ever come off, I hate waiting.

How you can become a Million Dollar Blogger

Posted by Al on June 12th, 2010 at 2:14 pm.

This is a write up by Martijn Beijk of the presentation I did at a4uExpo last year. It was originally posted on SearchEngineCowboys but has for various reasons has been lost so Martijn gave me permission to share it here.

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At the A4U Expo in the Amsterdam RAI there was a session by Al Carlton, a Selfmade millionaire by just blogging and smart thinking. Al Carlton (Coolest Media Ltd. ,Coolest-Gadgets.com) has started blogging not too long ago – he told us with his lips still a bit dry from the party the night before.

He is convinced you can basically sell anything to people and shows some examples of stormtrooper outfits ( ! ), electronic bikes which were sold for a couple of thousand pounds and ‘the ultimate guide to anal sex for women’ which was doing particularly good.

He describes the approaches he used to generate traffic. Lots of traffic.

Traffic generation (social):

Use social bookmarking websites and convert social traffic from digg, reddit, etc to regular readers and vice versa. Use other blogs and comments. Engange in forums, directories and place articles on news websites. make sure you get those links out there.

Blogs want free content. So write articles for other blogs to increase your own traffic! But be careful. Don’t push yourself to another blog. Be useful to the specific niche/blog/site.

Traffic generation (search):

Al cannot stress enough that you need quality content. Write good articles that people find (trust)worthy and optimize. To Al, SEO is providing information the visitor wants. Simple as that.

Traffic generation (buy/trade):

network with other bloggers, write articles, attend conferences (like A4UExpo! ), use free coupons (for facebook, adwords, MSN, etc!)

and use PPC to convert for short or long term profit

Traffic generation (direct):

Regular readers, bookmarks, RSS subscribers, Email subscribers. Quote:”RSS is for techies. Email is for all other people!”

Now that we have discussed traffic sources, what about our revenue streams?

Use CPM, CPC, affiliate sales, direct sales, paid reviews, or even sell out your blog (partially). But there were some more good tips from Al here; hide adsense from your social readers! They know what adsense looks like and it doesn’t work for them. Another good tip: when younotice an advertiser targeting your website via adsense (content network) – Contact them directly! Cut out Google and get some good deals with the advertiser directly.

Contextual adverts:

· Adsense
· Chitika
· Kontera

The Pro’s:
· east to implement
· targeting

The Con’s:
· you are paid to lose visitors.
· can deter visitors.
· you are not in control of what is being shown.

Affiliate revenue:

You are in total control of how you link, make sure you find a profitable offer and PUSH.

Al warns us about link sales or paid reviews -be very careful. Google is watching and doesn’t like it, so don’t get caught…)

Optimisation:

A day has only hot 24 hours and you need to spend at least a few of them in the pub – the message here is that you need to outsource as much as you can. Al himself does some research and comes up with a business plan for a hopefully succesful idea and outsources everything, from design to coding and even content creation (but don’t cut corners and make sure it is unique and of high quality!). Webmaster Tools, Social sites, long tail traffic and related posts are ways to optimise your traffic stream. To get the best revenue available he says you really need to make deals with the merchants and make direct deals. Use different ads on different content and push those appropriate affiliate offers. Target your visitors geographically. Review your old posts and find new ways to monetize them. Another free tip: after a month, remove the date from your articles, it will make your content look fresh.

The million dollar blogging session at the underestimated A4U expo was well worth visiting and had some really good tips and Al sure knew how to make people laugh.

Sort of a guest post by Martijn Beijk.

Trialling A New Automated Revenue Stream – Skimlinks

Posted by Al on May 20th, 2010 at 6:03 pm.

skimlinks
I’ve written before about using a custom plugin to automatically convert links to affiliate links when an appropriate scheme is available and it has certainly boosted my revenue over the years. So I was very interested to hear from Skimlinks who offer a product that does the job for you. 

Skimlinks uses Javascript to automatically redirect appropriate links (redirection can be done via your own subdomain which makes it much more integrated to your site). You don’t need to be a member of any specific affiliate scheme, Skimlinks receives the commission, takes their slice and pays you directly. In theory they should be able earn a higher percentage from merchants thus absorbing their percentage however from my tests I’ve not seen this.

Reports show have many clicks and sales you are generating each day and also to which merchants. I find the merchant report really useful as it shows you affiliate programs You may previously of missed and should consider joining. It honours any affiliate links you already so won’t reduce existing affiliate revenue.

Pros
- Another revenue stream with minimal time investment
- Cloaks affiliate links 
- Reporting
- New merchants are continually being added (8,000+ so far)

Cons
- pages load another external JS file
- Lose a percentage of commission

I already do a fair amount of affiliate sales on CG so wasn’t expecting to find many programs that I’m not yet a member. However after 10 days of testing reports showed nearly 2,000 clicks from 138 different merchants, wow. Revenue was somewhat disappointing at £61, though for the amount of effort involved and just redoing existing links you can’t really grumble.

I’d certainly recommend giving Skimlinks a try, for both the revenue and reports which could highlight an attractive scheme that you’ve missed. If you implement it please let us know how you get on.

Creating and Promoting a Facebook Page

Posted by Al on March 25th, 2010 at 3:50 pm.

fbvisitors
There are currently over 400 million active users on Facebook, which is somewhat insane. Last month Facebook became my 4th largest traffic source (admittedly it is ‘currently’ quite away behind the top 3). Before reading on I suggest becoming a fan here so you can see what I’m writing about.

I’ve always been a huge fan of building lists and subscribers to my various sites, it removes some of the reliance on search engines and gives you a bit more stability. Using my site coolest gadgets as an example we currently have around ~69K RSS and 10K email subscribers. When speaking to people outside of the industry, only a small percentage know what RSS actually is never mind using it, however even my technophobic father has heard of Facebook, so around 9 months ago I started looking at building a list on Facebook.

Creating a FaceBook Page
Make sure you’re logged into Facebook, go here, click “Create Page” and follow then follow the simple wizard. You’ll need to create a logo, add links in to your site and write a simple description but nothing too challenging. Next up we need to populate your page, you can either make daily posts yourself, pay somebody to do it or if your site has an RSS feed you can automate.

I’m currently using RSS Graffitti (thank you Zath, Clarke and Keith for the recommendation). This will automatically post a thumbnail and excerpt on your pages wall whenever a new post is published on your site. This will then link to the relevent page on your site, like so
graffitti example
You now have a fully automated page and source of traffic on one of the most popular sites on the web, cool.

Promoting Your Fan Page
The first thing you need to do is get 25 fans so that you can claim your vanity URL, I’d suggest manually mailing friends to become a fan, explaining why and personalise your messages a bit. Once you have 25 fans head here and claim a more human friendly URL for your fan page.

I’ve tried a few different methods promoting Coolest Gadgets fan page, the following graph shows how it’s grown since inception
allfans

fbwidget
1 – Did a blog post saying we are now on Facebook
2 – LG kindly donated a LCD TV as a competition prize, to enter the contest readers had to become a fan or tweet about it (hence promoting the competition more).
3 – Did another blog post about the contest, this time keeping it really simple: Fan on Facebook? Then Stand A Chance to Win 42″ LG LCD TV
4 – We announced the winner
5 – The site was redesigned with much more prominence on becoming a facebook fan, including a banner advertising the page and a widget showing current fans (see right).

If you have the funds you can also promote the page using Facebook ads, as you can target based on peoples interests this can be highly effective.

My aim is to build the fan base up to 6,000+ by Christmas and promote various offers and discounts when available. If you’re not a fan (or friend) yet feel free to add me.

If you don’t have a fan page yet I’d suggest investing an hour of your time and creating yourself a new traffic source, let us know if you do and we’ll link them from here.

Outsourcing and Automation Presentation

Posted by Al on March 15th, 2010 at 3:09 pm.

Hi all, it’s been a while since I posted, basically been crazily busy with both business and life in general. I enjoyed and spoke at another Think Visibility conference at the weekend, awesome group of people with some great speakers.

I spoke on outsourcing and automation, a subject I’m pretty passionate about and I think it went okay, so I’ve shared the slides above, any questions at all post in the comments and I’ll go into more detail. I’ve also done a round up of what other people have posted and some of the most important links:

Any others please let me know and I’ll add links to them here

Ownership of an LL.co.uk

Posted by Scott on March 10th, 2010 at 12:32 pm.

Comedy timing it seems, after chasing a domain for 3 years I finally managed to secure and purchase SJ.co.uk

They don’t get any shorter or rarer than that in the UK domain space (at present) only 25 LL.co.uk domains (letter letter) are in existence as they were registered before Nominet started operation, one’s like BT.co.uk VW.co.uk & HP.co.uk date back to pre Aug 1996.

This week Nominet announced they are looking into releasing 2 letter and single letter domains – so interesting times ahead for sure which should create quite a bizz and lot’s of interest at some point.

I had been chasing SJ.co.uk  since 2007,  the domain was not in use as the company had changed name some time ago, in 2007 I offered £1000 and every year I went back and asked again, and again, and again. Finally this year I saw the old Ltd company the name was registered under was dissolved so informed them, they updated the domain and told me they were open to serious offers. There were a few other interested parties with one of them swearing profusely when told the company was asking around £10k for it,  I managed to buy it for high £x,xxx. A very short, memorable and valuable domain which is perhaps too vanity driven being my initials so one I probably won’t sell.

Domaining

Posted by Scott on March 8th, 2010 at 5:36 pm.

While I would never have set my stall out as a domainer I do thoroughly enjoy the research, tracking down of owners, negotiating and buying domains at what I perceive as good value, it’s just good fun. After buying up my geo’s in June – Sept I pretty much kept myself busy and didn’t do anything on the domain front.

Enhancement.co.uk was bought late last year & will be a project for this year, it’s a cracking domain I paid £1350 for, I have a database of cosmetic surgery clinics in the UK so will be developing the site out, some days this earns £10 with just a few clicks but lead gen will probably be the future.

Bling.co.uk was a punt bought a couple of weeks ago, I thought it may get type in traffic and the previous owner didn’t have it resolved at all, on doing some research it’s clear that bling.com owned by an American domainer benefited greatly from the release of Bing.com Microsoft’s search engine Read the rest of this entry »

Insane Advertisers still don’t get it

Posted by Scott on March 8th, 2010 at 4:46 pm.

This relates to quite an old post, basically I owned a domain which I caught for reg fee/£5.  As soon as a large company started a TV advertising campaign their url was not clearly labelled and I started getting type in confused type in traffic (around 100 per day), it was noticed early and after speaking to them they agreed to pay £2 per sign up if I redirected their traffic back to them. The TV advert lasted about 4 weeks and made £814.

Got an email from them late last year to say they were running the TV advert again in January and would offer the same £2/signup deal, this time the domain earned just over £1k.  Yet through all this they were not interested in buying the domain for £3000-£4000, I still don’t understand their logic really, had an offer through Sedo@ $5000 so decided to sell it as there may/may not be TV adverts in the future and with the £1k just earned it seemed a good time to cash out of that domain name. I’m happy enough but absolutely baffled that they didn’t have the budget to get involved in the domain auction when informed {sigh}

Geo’s Update

Posted by Scott on March 8th, 2010 at 4:46 pm.

Finally coming out of hibernation I expect things for the geo sites to start picking up this and next month.

Last summer I secured a whole bunch of domains that were geo located around each other, some of which are listed on http://www.westofscotland.co.uk/about.html and include the likes of Ayr, Arran and Largs

So with a fairly decent set of towns the plan was and still is to create a physical local guide to Ayr which is the largest of the towns, time has dictated that it will be next year before I launch it however I have the cover designed and database worked on with 600 local businesses and around 100 accommodation entries, a licensed map, local places of interest info and calendar. So the physical guide will get worked on and completed late this year when everything else is quieter, it’s more work to put together than I thought it would be, the guide will be available from the local train station and bus station who agreed to display them as long as they are free, the plan is to sell the advertising space on it to fund it all and work closely with the website, I’ve seen it done to great effect elsewhere. Read the rest of this entry »